New Revenue Sources in Membrane Filtration Market - PowerPoint PPT Presentation

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New Revenue Sources in Membrane Filtration Market

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The membrane filtration market is estimated to be valued at USD 7.0 billion in 2023 and is projected to reach USD 9.9 billion by 2028, at a CAGR of 7.2% from 2023 to 2028. – PowerPoint PPT presentation

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Date added: 13 December 2023
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Title: New Revenue Sources in Membrane Filtration Market


1
  • Membrane Filtration Market Exploring the Growth
    and Importance
  • https//www.marketsandmarkets.com/Market-Reports/m
    embrane-filtration-market-68840418.html

2
  • What is Membrane Filtration Market?
  • Membrane filtration is a technology used for
    separating particles and solutes from liquids or
    gases using a semi-permeable membrane. This
    process is widely applied in various industries
    for purposes such as water purification,
    wastewater treatment, pharmaceutical
    manufacturing, food and beverage processing, and
    biotechnology.
  • Which segment by type accounted for the largest
    membrane filtration market share?
  • The reverse osmosis segment dominated the market
    for membrane filtration market and was valued at
    USD 2.65 billion in 2022. The quality of water
    used in food and beverage production can have a
    significant impact on the taste and flavor of the
    final products. RO-treated water is known for its
    neutral taste and lack of unwanted odors or
    flavors, making it ideal for preserving the
    natural taste of ingredients and beverages. This
    drives the demand for reverse osmosis in the
    membrane filtration market.
  • Which are the key players in the market?
  • Alfa Laval (Sweden), GEA Group Aktiengesellschaft
    (Germany), DuPont (US), Pall Corporation (US), 3M
    (US) and TORAY INDUSTRIES, INC.(Japan) are among
    the key players in the global membrane filtration
    market. To increase their company's revenues and
    market shares, companies are focusing on
    launching new services, developing partnerships,
    and expanding their laboratory facilities. The
    key strategies used by companies in the food
    pathogen testing market include geographical
    expansion to tap the potential of emerging
    economies, strategic acquisitions to gain a
    foothold over the extensive supply chain, and new
    service launches because of extensive research
    and development (RD) initiatives.

3
  • Market Drivers Rising demand for premium
    products
  • The demand for membrane filtration technologies
    in food beverage applications has grown
    significantly in recent years, owing to its major
    function of removing harmful microorganisms.
    Currently, food beverage manufacturers are
    increasingly adopting proactive food safety
    technologies due to the continuous rise in the
    demand for high-quality, safe, and value-added
    food products across the world. Membrane
    technologies are widely used in the food industry
    because they combine the functions of separation,
    concentration, purification, and refining as well
    as the characteristics of high efficiency, energy
    savings, and environmental protection. Dairy
    products, soy products, fruit and vegetable
    juices, the brewing and sugar industries,
    purification and concentration of enzyme
    preparations, the concentration of egg whites,
    and the separation and concentration of food
    additives such as natural colors and spices are
    only a few of the major applications.
  • The membrane filtering industry is seeing
    tremendous growth, notably in the dairy, food and
    beverage, and wine and beer industries. This
    increased interest can be due to a variety of
    things. Membrane filtration is increasingly being
    used in the dairy industry to improve the quality
    and shelf life of dairy products such as milk,
    cheese, and yogurt while also removing
    contaminants and germs. Similarly, in the food
    and beverage industry, membrane filtration is
    critical for maintaining the freshness and flavor
    of items such as juices, sauces, and soups by
    separating solids and pollutants. The membrane
    filtration market is estimated to be valued at
    USD 7.0 billion in 2023 and is projected to reach
    USD 9.9 billion by 2028, at a CAGR of 7.2 from
    2023 to 2028.

4
  • Key factors contributing to the growth of the
    membrane filtration market include
  • Water and Wastewater Treatment The increasing
    demand for clean water and the need for effective
    wastewater treatment have driven the adoption of
    membrane filtration technologies, especially in
    municipal and industrial applications.
  • Biopharmaceutical Industry The biopharmaceutical
    industry relies on membrane filtration for
    processes such as protein purification,
    concentration, and sterile filtration,
    contributing to the growth of the market.
  • Food and Beverage Industry Membrane filtration
    is used for the clarification, concentration, and
    fractionation of various food and beverage
    products, promoting its use in the industry.
  • Medical and Healthcare Applications Membrane
    filtration is utilized in medical applications
    such as blood plasma separation, pharmaceutical
    manufacturing, and medical device production.
  • Technological Advancements Ongoing research and
    development activities in membrane technology
    have led to the development of advanced membranes
    with improved efficiency, selectivity, and
    durability, further boosting market growth.
  • Environmental Regulations Stringent
    environmental regulations related to water
    quality and emissions have driven the adoption of
    membrane filtration systems in industries to meet
    compliance standards

5
The Asia Pacific market is projected to dominate
the food pathogen testing market.
  • Japan is one of the largest markets for food
    pathogen testing in the Asia-Pacific region. It
    is also estimated to be a matured market with a
    steady growth rate however, concerns for food
    safety are still importance to the country owing
    to which the enforcement of stringent food
    sanitation laws has become mandatory. The
    Japanese scrutiny system has revealed food
    poisoning through pathogens to be the largest
    outbreak across Japan. E. coli was the major
    pathogen that caused severe foodborne diseases in
    Japan.
  • In Australia, food pathogen testing has gained a
    significant level of importance owing to frequent
    increases in the number of foodborne disease
    outbreaks, increasingly stringent regulations on
    food safety, a growing level of trade between
    Australia and other countries, and a sustained
    number of food recalls, among other reasons. The
    implementation of a food safety system has
    reduced the incidences of foodborne diseases in
    Australia. The development in technologies and
    the increasing number of regulatory norms have
    fuelled the growth of this market. The Australian
    food industry is using strict quality control
    standards and verifies.
  • To know about the assumptions considered for the
    study, Download PDF Brochure https//www.marketsa
    ndmarkets.com/pdfdownloadNew.asp?id68840418
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